CIX Technology raises ~$140-150M in Series B to scale Arm-based processors. Round co-led by Shanghai IC Fund and Pudong Venture Capital.
Amount Raised
$145 Million
Round Type
Series B
ChinaSoftwareArtificial IntelligenceMachine LearningInvestors
Description
CIX Technology, a Chinese processor developer founded in 2021, has completed a Series B financing round worth nearly 1 billion RMB (~$140-150 million). The round was co-led by Shanghai IC Fund and Pudong Venture Capital, with participation from existing investors including Lenovo Capital, Tongge Venture Capital, and Oriza Puhua. The capital will support scaling of existing products and development of next-generation agent CPUs for applications ranging from AI PCs to edge servers and robotics. The company has secured a design win with Lenovo and unveiled its first production processor, the P1, in 2024.
Who else raised in Software and Artificial Intelligence around the same time
Companies in the same sectors as CIX Technology that raised within 45 days of this round, from Fundz verified event records.
Who to call at CIX Technology, and when
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- An alert the day CIX Technology raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
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Funding Insights
What this usually meansCIX Technology raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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